Written and accurate as at: Aug 14, 2024 Current Stats & Facts According to ABS figures, the average household debt has quadrupled over the last 18 years, jumping from $62,000 in 2003-04 to $242,000 in 2021-22. This has worrying implications for older Australians, many of whom are...
Written and accurate as at: Feb 14, 2024 Current Stats & Facts Important as it might be, many Australians quickly come to realise that it takes more than money to have a fulfilling retirement. Adjusting to your post-work years requires open-mindedness and a knack for dealing with...
In July “peoples advocate” Super Consumers Australia (SCA) published new figures on how much money you need when you retire. They found that you can get by on far less than the existing guidelines suggest. If you own your own home, are part of a couple...
Written and accurate as at: Nov 15, 2021 Current Stats & FactsAccording to 2016 Census data*, about 76% of over-65s are homeowners, while 12% are renters and 11% are in other tenure arrangements (eg living in a residential aged care facility or rent-free with family or friends). Notably,...
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